Posted on :Friday , 23rd October 2015
The Nairobi Securities Exchange’s main index has lost 31.7% in U.S. dollar terms since the start of the year in response to security concerns, China’s slowing growth, and a brief experiment with a 5% capital gains tax.
The drop makes for a compelling opportunity to purchase shares of the country’s largest investment holding firm.
Prime assets
Posted on :Friday , 23rd October 2015
South Africa‘s Mediclinic Intl has agreed to buy United Arab Emirates’ Al Noor Hospitals Group for around 1.4 billion pounds ($2.2 billion), gaining the upper hand on rival NMC Health in a tussle for expansion in the fast growing Gulf region.
The deal will double the South African group’s presence in the UAE, further diversifying out of its slow growing home mar. . .
Posted on :Friday , 23rd October 2015
Top firms in India are now seeking an opportunity to be involved in the construction of new capital in Egypt after
Posted on :Thursday , 22nd October 2015
Presidents Uhuru Kenyatta and his Tanzania counterpart Jakaya Kikwete have heaped praise on the ongoing construction of 90KM Mwatate-Taveta road.
Posted on :Tuesday , 20th October 2015
Tanzania begins the construction of largest port in East AfricaTanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State Government Reserve Fund, the project is expected to be a game changer in Tanzania’s quest to industrialize.
Officials in Ta. . .
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